Ares Capital - ARCC Stock Forecast, Price & News

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ares Capital in the last year. There are currently 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" ARCC shares.
View ARCC analyst ratings or view top-rated stocks.

8 analysts have issued twelve-month price objectives for Ares Capital's shares. Their ARCC share price forecasts range from $19.00 to $23.00. On average, they anticipate the company's stock price to reach $21.88 in the next year. This suggests a possible upside of 25.7% from the stock's current price.
View analysts price targets for ARCC or view top-rated stocks among Wall Street analysts.

Ares Capital's stock was trading at $21.19 on January 1st, 2022. Since then, ARCC stock has decreased by 17.9% and is now trading at $17.40.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 25th 2022.
View our ARCC earnings forecast.

Ares Capital Co. (NASDAQ:ARCC) posted its quarterly earnings data on Tuesday, July, 26th. The investment management company reported $0.52 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.43 by $0.09. The investment management company earned $479 million during the quarter, compared to analyst estimates of $466.21 million. Ares Capital had a net margin of 54.92% and a trailing twelve-month return on equity of 10.15%. During the same period last year, the business earned $0.53 earnings per share.

Ares Capital announced a dividend on Wednesday, February 9th. Stockholders of record on Thursday, September 15th will be paid a dividend of $0.03 per share on Friday, September 30th. The ex-dividend date of this dividend is Wednesday, September 14th.
Read our dividend analysis for ARCC.

Ares Capital (NASDAQ:ARCC) pays an annual dividend of $1.72 per share and currently has a dividend yield of 10.19%. ARCC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 77.83%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, ARCC will have a dividend payout ratio of 81.13% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for ARCC.

Based on aggregate information from My MarketBeat watchlists, some companies that other Ares Capital investors own include AT&T (T), Enterprise Products Partners (EPD), Energy Transfer (ET), Annaly Capital Management (NLY), AGNC Investment (AGNC), New Residential Investment (NRZ), AbbVie (ABBV), Cisco Systems (CSCO), Main Street Capital (MAIN) and Verizon Communications (VZ).

Ares Capital trades on the NASDAQ under the ticker symbol "ARCC."

Ares Capital's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Confluence Investment Management LLC (0.90%) and M&R Capital Management Inc. (0.01%). Insiders that own company stock include Joshua M Bloomstein, Mary Beth Henson, Michael J Arougheti, Michael J Arougheti, Michael K Parks, Michael K Parks, Michael Lewis Smith, Penelope F Roll, R Kipp Deveer, Robert L Rosen, Steve Bartlett, Steven B Mckeever and Steven B Mckeever.
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Shares of ARCC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ARCC stock can currently be purchased for approximately $17.40.

Ares Capital (NASDAQ:ARCC) has a market capitalization of $8.63 billion and generates $1.82 billion in revenue each year. The investment management company earns $1.57 billion in net income (profit) each year or $2.21 on an earnings per share basis.

Ares Capital's mailing address is 245 PARK AVENUE 44TH FLOOR, NEW YORK NY, 10167. The official website for the company is www.arescapitalcorp.com. The investment management company can be reached via phone at (212) 750-7300, via email at irarcc@aresmgmt.com, or via fax at 212-750-1777.